- published: 29 Sep 2016
- views: 26549
John Gerard Stumpf (born September 15, 1953) is an American business executive and investment banker. He is the current chairman and chief executive officer of Wells Fargo, one of the Big Four banks of the United States. He became chairman in January 2010. He was named CEO in June 2007, elected to Wells Fargo’s board of directors in June 2006, and has been president since August 2005.
A Pierz, Minnesota native, Stumpf grew up as one of 11 children on a dairy and poultry farm. His father was a dairy farmer. His father is of German descent and his mother, Polish descent. He was raised as a Catholic. Stumpf shared a bedroom with his brothers until he was married. Stumpf graduated in the bottom half of his high school class. His bad grades, combined with his limited family finances, resulted in Stumpf obtaining a job as a breadmaker in a Pierz bakery. After a year, Stumpf enrolled in St. Cloud State University on a provisional basis. He eventually obtained a job as a repossession agent at First Bank in St. Paul, Minnesota.
Elizabeth Ann Warren (née Herring; born June 22, 1949) is an American academic and politician, who is the senior U.S. Senator from Massachusetts. She is a member of the Democratic Party, and was previously a Harvard Law School professor specializing in bankruptcy law. A prominent legal scholar, Warren is among the most cited in the field of commercial law. She is an active consumer protection advocate whose scholarship led to the conception and establishment of the U.S. Consumer Financial Protection Bureau. Warren has written a number of academic and popular works, and is a frequent subject of media interviews regarding the American economy and personal finance.
Following the 2008 financial crisis, Warren served as chair of the Congressional Oversight Panel created to oversee the Troubled Asset Relief Program (TARP). She later served as Assistant to the President and Special Advisor to the Secretary of the Treasury for the Consumer Financial Protection Bureau under President Barack Obama. During the late 2000s, she was recognized by publications such as the National Law Journal and the Time 100 as an increasingly influential public policy figure.
FNN: Wells Fargo CEO John Stumpf GRILLED by Congress - House Financial Services Committee Hearing
Senator Elizabeth Warren questions Wells Fargo CEO John Stumpf at Banking Committee Hearing
FULL VIDEO (9/29/16) : Wells Fargo CEO John Stumpf Testifies On Millions Of Fake Accounts Scandal
Wells Fargo CEO Grilled At Hearing On Fraudulent Accounts SCAM On Their Customers
Wells Fargo CEO John Stumpf: Moving Forward | Mad Money | CNBC
Sen. Reed Questions Wells Fargo CEO John Stumpf in Banking Committee Hearing
We're at a Senate Banking Committee hearing with Wells Fargo CEO John Stumpf, who has apologized to
Rep Carolyn Maloney DESTROYS Wells Fargo Ceo John Stumpf For Dumping Stocks & Illegal Sales
Pat Toomey Tears Apart Wells Fargo CEO John Stumpf
Merkley Questions Wells Fargo CEO John Stumpf on Illegal Accounts
Brought to you by Desert Diamond: http://ddcaz.com WELLS FARGO CHIEF EXECUTIVE JOHN STUMPF THURSDAY WILL FACE A GRILLING FROM BOTH DEMOCRATS AND REPUBLICANS ON THE HOUSE FINANCIAL SERVICES COMMITTEE AFTER THE BANK WAS CHARGED $185 MILLION BY THE CONSUMER FINANCIAL PROTECTION BUREAU. In September 2016, Wells Fargo was issued a combined total of $185 million in fines for creating over 1.5 million checking and savings accounts and 500,000 credit cards that its customers never authorized. The Consumer Financial Protection Bureau issued $100 million in fines, the largest in the agency's five-year history, along with $50 million in fines from the City and County of Los Angeles, and $35 million in fines from the Office of Comptroller of the Currency. The scandal was caused by an incentive-compens...
Senator Elizabeth Warren's two round of questions for Wells Fargo CEO John Stumpf at the September 20, 2016 Senate Banking Committee hearing entitled: "An Examination of Wells Fargo’s Unauthorized Accounts and the Regulatory Response." For more information on the hearing, click here: http://www.banking.senate.gov/public/index.cfm/hearings?ID=B80F9B81-4331-4F95-91BC-718288EC9DA0
Watch Wells Fargo CEO John Stumpf Grilled By US Congress House Financial Services Committee Hearing Wells Fargo CEO John Stumpf returns to Capitol Hill Thursday to testify about the bank's sales practices. Stumpf will appear before the House Financial Services Committee on Thursday morning. Wells Fargo Chairman and Chief Executive John Stumpf returned to Capitol Hill today to testify before the House Financial Services Committee, where angry lawmakers excoriated him over the bank's admission that employees created some 2 million fake accounts to meet sales goals. The scandal was first uncovered by The Times in 2013 and led to a $185-million settlement with regulators this month. After the Senate Banking Committee raked Stumpf over the coals last week, the bank's board announced he wou...
MOX NEWS NEEDS YOUR HELP TO CONTINUE!! Paypal Donations https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted;_button_id=MHT8PM5BPSVC8 My Bitcoin Wallet Is: 18atzCBj9zt7HgMnSYajcpGJwq8BipDcta NEW! My Patreon Page: https://www.patreon.com/moxnews September 20, 2016 C-SPAN News http://MOXNews.com Wells Fargo CEO John Stumpf appeared before the Senate Banking Committee to discuss his company’s settlement with federal officials in which Wells Fargo agreed to pay $185 million in fines over alleged fraudulent accounts opened without customers' permission. Senators questioned Mr. Stumpf about the corporate behavior and practices related to over 2 million unauthorized accounts, and which led to the termination of over 5,000 Wells Fargo employees nationwide. Following Mr. Stumpf, regulat...
Jim Cramer spoke with the CEO on his plan to rebuild customer and investor trust in the company following public scrutiny over account opening practices. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC » Watch more Mad Money here: http://bit.ly/WatchMadMoney » Read more about Wells Fargo here: http://cnb.cx/2cEpZwG "Mad Money" takes viewers inside the mind of one of Wall Street's most respected and successful money managers. Jim Cramer is your personal guide through the confusing jungle of Wall Street investing, navigating through both opportunities and pitfalls with one goal in mind -- to try to help you make money. About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your ...
In a Senate Committee on Banking, Housing, and Urban Affairs hearing this morning, Senator Reed joined colleagues in questioning Wells Fargo CEO John Stumpf after it was unveiled that the bank opened up millions of fake bank accounts for customers.
Rep Carolyn Maloney DESTROYS Wells Fargo Ceo John Stumpf For Dumping Stocks & Illegal Sales
Following Wells Fargo’s widespread illegal activity, Oregon’s Senator Jeff Merkley demands accountability from Wells Fargo CEO John Stumpf at a Senate Banking Committee hearing on September 20, 2016.
Please Subscribe & Share ------------------------ Subscribe to get the latest news, sports and political coverage around the clock 24/7 . --------------------------------------- Wells Fargo CEO John Stumpf GRILLED by Congress - House Financial Services Committee Hearing ---------------------------------------- All USA News & Tv Shows & Events - Sports - WAY TO - USA 2016 Today : Thursday September 292016 - (9/29/2016) - 9/29/16 - Sept 9/28/16 - 28/9/2016 Channels : Coverage CNN - ABC News - Fox News - BBC - CBS - PBS - Top & Best Shows : Videos You May Like Hannity : Anchor - Host: Sean Hannity https://youtu.be/L7p5FzB2S8M The O'reilly Factor : Anchor - Host: Bill O'Reilly https://youtu.be/vgfonMSHjrc Justice - Anchor - Host: Judge Jeanine Pirro https://youtu.be/Xm_w8U5WWNE...
LAEST NEWS UPDATES Channel - Jim Cramer with Wells Fargo CEO John Stumpf on alleged abuses.... Subscribe my channel to watch morre video : http://goo.gl/7dx5G0
Jim Cramer said Wells Fargo is the best bank in the country. Could this be time to bulk up your portfolio with its stock? » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC » Watch more Mad Money here: http://bit.ly/WatchMadMoney » Read more about Wells Fargo here: http://cnb.cx/1gvCF59 "Mad Money" takes viewers inside the mind of one of Wall Street's most respected and successful money managers. Jim Cramer is your personal guide through the confusing jungle of Wall Street investing, navigating through both opportunities and pitfalls with one goal in mind -- to try to help you make money. About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video...
Wells Fargo Chairman & CEO John Stumpf testifies at the Senate Banking Committee over the fraudulent accounts scandal, including taking responsibility and laying out steps for the changing of the bank's sales culture. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Wells Fargo CEO John Stumpf:...
Wells Fargo just fired over 5,000 employees for creating phony bank accounts. They were making the fake accounts in order to meet sales goals. A a former Wells Fargo employee, who wished to be anonymous, came on the show today to talk about how sketchy and problematic the operations are in the banking business. The work culture at Wells Fargo sounds terrible. More than 5,000 Wells Fargo employees have been fired as a result of a scandal involving phony bank accounts. But do the CEO or other senior executives need to be let go too? Wells Fargo is paying $185 million in fines after the Los Angeles City Attorney and Consumer Financial Protection Bureau found that Wells Fargo employees had secretly set up new fake bank and credit card accounts in order to meet sales targets. In some cases, Wel...
At a Senate Banking Committee hearing, Sen. Elizabeth Warren blasted Wells Fargo Chairman and CEO John Stumpf for defrauding customers, demands he resign.
Subscribe to receive a daily hot videos
Rep Patrick McHenry (NC-10), vice chair of the House Financial Services Committee, has stern questions and remarks for Wells Fargo CEO John Stumpf during the committee's hearing entitled, "Holding Wall Street Accountable: Investigating Wells Fargo’s Opening of Unauthorized Customer Accounts”
US Rep Robert Pittenger (NC-09) of House Financial Services Committee engages Wells Fargo CEO John Stumpf regarding fraudulent activity and it's likely ramifications.
Senator of Massachusetts, Elizabeth Warren takes Stumph on a grueling verbal thrashing as she asks him why the board has not fired Carrie Tolstetd (An upper Executive) for overseeing a massive fraud within the Wells Fargo Bank. Take a listen, especially at the end!
Sept 29, 2016 - Wells Fargo Chairman & CEO JOHN STUMPF answer questions before House Finance Service Committee about Wells Fargo's years of "CULTURE OF CORRUPTION" with the executive profiting from it.
Wells Fargo Chairman and CEO John Stumpf delivers keynote address at the Bay Area Council's 2016 Outlook Conference, focusing on national and regional economies, housing, financial technology and environmental sustainability.
Wells Fargo & Co. Chief Executive Officer John Stumpf talked about the role of financial services in the real economy at a National Press Club luncheon on September 17, 2014. Wells Fargo is the U.S. top home lender and also world's largest bank by market value.
Please Subscribe & Share ------------------------ Subscribe to get the latest news, sports and political coverage around the clock 24/7 . --------------------------------------- FNN: Wells Fargo CEO John Stumpf GRILLED by Congress - House Financial Services Committee Hearing ---------------------------------------- All USA News & Tv Shows & Events - Sports - WAY TO - USA 2016 Today : Monday October 3 2016 - (10/3/2016) - 10/3/16 - Oct 10/3/16 - 3/10/2016 Channels : Coverage CNN - ABC News - Fox News - BBC - CBS - PBS - Top & Best Shows : Videos You May Like Hannity : Anchor - Host: Sean Hannity https://youtu.be/L7p5FzB2S8M The O'reilly Factor : Anchor - Host: Bill O'Reilly https://youtu.be/vgfonMSHjrc Justice - Anchor - Host: Judge Jeanine Pirro https://youtu.be/Xm_w8U5WWNE...